abstract04

what's abstract?

Abstract is an Ethereum Layer-2 blockchain developed by Igloo Inc., the creators of Pudgy Penguins, designed to make cryptocurrency accessible and user-friendly for mainstream consumers. It focuses on simplifying the crypto experience by eliminating seed phrases, browser extensions, and confusing signatures through features like the Abstract Global Wallet, which offers seamless onboarding and one-click interactions. Key elements include Panoramic Governance, which rewards user participation with transaction fee shares, and integrations with tools like Alchemy for development, Dynamic for authentication, and Pyth for real-time market data. The ecosystem supports DeFi, gaming, SocialFi, and NFTs, with projects like Gigaverse, PENGU, and Moonit launchpad enhancing liquidity and engagement. Abstract aims to onboard the next generation of users via consumer-centric apps, XP earning mechanics, and partnerships such as with Binance US for native deposits. Upcoming phase 2 developments are anticipated to further boost sentiment and adoption.

Snapshot

Abstract powers 'buy now, pay maybe' for onchain purchases and has 76 active onchain apps.

15H ago
TECH EVENT

Launched Abstract Skills, enabling AI agents to interact onchain by managing wallets, trading on prediction markets, and registering other agents.

18H ago
TECH EVENT

Updated streaming portal, aggregating Twitch and X streams, adding onchain tipping, XP earning, wallet-native monetization, and onchain identity features. Enables simultaneous multi-platform streaming to Abstract, X, and Twitch, with custom thumbnail support.

20H ago
PARTNERSHIP

Partners with Bloomingbit (blockchain media arm of Hankyung Media), leveraging Hankyung's 4M+ monthly reach for global blockchain media innovation.

1D ago
TECH EVENT

Waifu Sweeper, a minesweeper-inspired casual game published by Yield Guild Games, is now live on Abstract.

UNCATEGORIZED

Operates as a consumer-first appchain optimized for social, gaming, and mass-adoption dapps with custom UX primitives.

VISIBILITY EVENT

Hosts first AMA on February 28, 2026 at 10 AM EST in Discord, featuring co-founders discussing ecosystem vision and upcoming developments.

3D ago
TECH EVENT

XP system is changing to focus on native onchain interactions.

TECH EVENT

Launched MCP Server for global wallet management, Portal data, and chain interaction, compatible with MCP clients including OpenClaw and Claude. Integrated V1 for AI assistants, including Claude Code, with read-only access to the Abstract Portal and AGW for wallet checks and network queries, and added wallet creation functionality for OpenClaw and Claude users.

1W ago
VISIBILITY EVENT

Certified Creator tournaments on Xeet involve minting NFTs on Abstract, generating engagement and "giga vibes" within the creator community.

FINANCIAL EVENT

Distributes over $200,000 in rewards (at current prices) to players competing for pre-TGE WOOL and Abstract XP through the Caves: Dig & Dash game.

TECH EVENT

A Habbo-like social game called Blupix is scheduled to launch on Abstract in the near future.

TECH EVENT

Upgrades block times to 100ms, achieving 10 blocks per second.

TECH EVENT

Implemented 100ms block times on testnet.

TECH EVENT

Introduced Berry Waddles character as an unlockable in-game feature in the mobile game.

ONCHAIN METRICS

Reached $1,000,000 in trading volume on day 1 of the AI token launchpad.

TECH EVENT

Added a skin recycling feature allowing players to exchange 5 duplicate skins for 1 new skin box.

TECH EVENT

Launched a Lunar New Year event in Maze of Gains featuring new mobs, loot, and exclusive skins, running from February 17 to March 3, 2026.

MARKET ACTIVITY

ClankerZone launched on Abstract and recorded 500 ETH in trading volume within the first 24 hours.

TECH EVENT

Shiny is officially expanding to Abstract chain with AGW integration.

ONCHAIN METRICS

$Intern token achieved #1 position in volume on the chain following its launch by the @blaickrock AI agent.

TECH EVENT

Launched ClankerZone as an AI agent platform, enabling AI agents to deploy tokens directly on-chain and keep 80% of fees. Integrated OpenClaw AI agents with gameplay capabilities, allowing autonomous gameplay, live testing, and onchain player interactions, serving as the underlying blockchain for an autonomous agent operating a $PENGU accumulation engine with full accounting reconciliation.

TECH EVENT

Deployed first AI Agent on the platform called "Intern" by blaickrock.

PARTNERSHIP

Integrated with Privy to provide wallet protection for Clanker Zone, a social trading arena for OpenClaw agents that launch tokens and trade onchain.

FINANCIAL EVENT

Received funding in a raise led by Thiel.

TECH EVENT

Hamieverse strategy game launched on 2026-02-14 for Genesis holders featuring faction-based warfare between Liberators and Aetherion.

TECH EVENT

Franky's Hub launched as a quest platform for completing quests, leveling up, and earning rewards.

TECH EVENT

Tollan Universe launched a Lunar New Year event with a 1.5 ETH prize pool featuring dragon-catching mechanics and Lunar NFT skins.

2W ago
VISIBILITY EVENT

Hamieverse is running a Reveal Challenge starting on February 13th, 2026 with $2,000 in prizes for recording live character reveal reactions.

TECH EVENT

Cryptoys made Zoo-F-O Escape playable for Digital Toy holders, with additional collections planned.

TOKEN ECONOMICS

Wolf distributed the second round of $RAVE rewards (covering Weeks 2-4) to Caves: Dig & Dash players, vesting over 12 months.

PARTNERSHIP

Pudgy Penguins launched the Pengu Card, a Visa debit card with KAST, with waitlist crossing 100,000 signups.

TECH EVENT

Ruyui Studios reset accounts that abused unintended game mechanics in Roots of Embervault, completed maintenance, and launched a new patch.

MARKET ACTIVITY

Moody Mights launched Golden Capsule SBT mint at 0.0089 ETH, revealing into tradable Archive NFTs with staking boosts.

TECH EVENT

Integrated ERC-8004 on layer 2, a universal trust system for AI agents providing verifiable reputations for onchain AI agent interactions, supports ERC-8001 and AI-managed wallets/transactions.

PARTNERSHIP

Integrated DuneSim to power real-time balances, pricing, and transaction history. Replaced previous wallet data stack.

ONCHAIN METRICS

A user vaulted over $100,000 worth of collectibles on the dyli.io platform.

TECH EVENT

BigHossbot launched BadgeLender app on February 9, 2026, enabling users to rent Abstract Socks NFTs to claim associated badges.

PARTNERSHIP

Cryptoys announced a game jam with Remix GG featuring a $5,000 prize on the Abstract network.

TECH EVENT

Dyli introduced live card pricing functionality allowing users to view the value of every card in a set before claiming, buying, or ripping.

3W ago
TECH EVENT

Powers Small Brain's "buy now, pay maybe" feature for onchain purchases.

ONCHAIN METRICS

Has 76 active onchain apps.

VISIBILITY EVENT

Featured in a comparative analysis of web3 collectible platforms and RWA marketplaces by an industry observer who evaluated multiple projects building in the space.

TECH EVENT

Gigaverse launched fast mode in dungeons with new features.

FINANCIAL EVENT

GIGACHADBAT's $CHAD token presale reached full contribution.

ONCHAIN METRICS

$BIGHOSS token reached $335K in trading volume on Abstract within 12 hours, making it the highest volume token on the network for the 1-day period as of 2026-02-05.

MARKET ACTIVITY

A token ($BIGHOSS) was created on Abstract for the AI agent, with 40% sent to the agent's wallet.

PARTNERSHIP

Integrated 0x Protocol into Portal, teased new portal feature with additional activation functionality.

VISIBILITY EVENT

Featured in Untamed Report with updates on AI agent beta testing, game launches, community activities, ecosystem updates, and projects building on the chain.

1M ago
VISIBILITY EVENT

Launched a flash badge with Onchain Heroes for their Maze of Gains game. Maze of Gains Week 2 recorded 13,133 players, 76,396 keys burned, 54,846 runs, and over $105,000 in weekly prizes.

ONCHAIN METRICS

Reached over 5,000,000 badges collected by AGW users since mainnet launch.

VISIBILITY EVENT

Hosts an Ultraman_AI NFT mint event with a box-opening mechanism where holders can earn free boxes based on NFT holdings and AGW Abstract level, with floor price above 0.2 ETH.

PARTNERSHIP

Partnered with Roach Racing Club to launch a new board in LOLLand Game.

ONCHAIN METRICS

Created over 3.77 million AGW (smart contract wallets).

ONCHAIN METRICS

Reached over 800,000 monthly active users on the portal.

ONCHAIN METRICS

hosts the top 3 games by a performance metric, excluding Lolland which generated higher results

TEAM UPDATE

Added @HeyNat as APAC Community Lead, leading community engagement and ecosystem events throughout the APAC region.

TECH EVENT

Reduced block times from 1000 milliseconds to 200 milliseconds, achieving a 5× speed improvement since launch.

TEAM UPDATE

Hired nix_eth as Growth Lead at Aborean (Abstract's liquidity layer) to advance Abstract's liquidity infrastructure and support teams building on Abstract.

TECH EVENT

GreenAcres NFT GameFi project is launching on Abstract Chain as a land and resource management game with NFTs as core in-game assets.

ONCHAIN METRICS

Bridged TVL is increasing for the first time since July 2025.

ONCHAIN METRICS

Passed $4,000,000,000 in total onchain volume.

TECH EVENT

Enabled BTC tipping functionality for streamers on the platform.

PARTNERSHIP

Partners with Proof of Play's Arcade for a special competition event featuring an increased prize pool and bonus rewards, scheduled for the week of January 13, 2026.

TOKEN ECONOMICS

Plans changes to the reward system.

TECH EVENT

Built a new funding modal that provides users access to fiat on-ramp providers including Moonpay and Coinbase.

VISIBILITY EVENT

Received promotional content on the official Igloo Instagram account as part of a Phase 2 marketing initiative targeting web2 audiences.

ONCHAIN METRICS

Duel Arena has achieved $36 million in total wagers, over 1 million duels, and approximately $400,000 in revenue on Abstract since August 2025.

VISIBILITY EVENT

Released a 40th badge that users can claim by enabling email notifications.

2M ago
ONCHAIN METRICS

Chinese community represents the second largest user subgroup by geography, behind US users.

TECH EVENT

Added a "favorite" feature allowing users to bookmark apps, tokens, and NFTs for quick access.

PARTNERSHIP

Launched the Abstract AI Accelerator Program with five projects selected for the first cohort focusing on consumer use cases.

OPINION SPECULATION

Plans to reduce the network base fee during the week of December 16, 2025, to enable cheaper transactions.

MyriadMarkets integrates with Abstract Chain, allowing users to farm Abstract Chain XP through early participation, market interactions, and quest completion (connecting socials and simple tasks).

Cryptoys launches "Mickey & Friends Volume I" on Wednesday as the first major drop on Abstract, featuring Mickey Mouse, Minnie Mouse, and Pluto across five rarity tiers in an upgradable mystery box format.

Cryptoys brings a new collectible experience featuring Disney and Star Wars brands to the platform, with CEO Will Weinraub scheduled for an interview on Tuesday at 5PM EST.

Abstract holds 0.66% mindshare, ranking 17th among top blockchain ecosystems in 2025.

61% of the 150 million transactions come from AGW users, demonstrating adoption of smart contract accounts.

Abstract reaches 150M transactions with AGW users accounting for 61% of total transaction volume on the network.

gccryptotv announces streaming all year on Abstract Chain starting 6pm EST.

Abstract Chain reaches 150 million total transactions milestone.

AboreanFi, a liquidity layer on Abstract with no pre-sale or VC raise, generates $565k in swap fees over 9 weeks distributed to veABX voters and reduces the effective DeFi fee rate from ~0.25% to ~0.09%, saving swappers ~$1m.

Xeet opened personal pack minting for Certified Creators, receiving 24 unique referral codes.

Disney launches on Abstract, marking the beginning of their engagement with the platform.

Lending protocol Kona lend goes live on Abstract.

Abstract Chain TGE is expected to occur in 2026.

Abstract Chain partners with Open World to launch a national-scale RWA tokenization engine for AI supercomputing centers, real estate, and energy infrastructure, providing fractional ownership and liquidity for previously inaccessible assets.

AGW experiences security breach with WETH stolen from users; enabling 2FA recommended to prevent similar attacks.

Abstract Chain experiences a security breach where WETH is stolen from an AGW wallet, with the tweet recommending 2FA to prevent such incidents.

The Forge launches on Abstract with a mechanism that self-curates aligned early holders through veABX token holders locked for 4 years who direct emissions to token launches. Abstract participates as a contributor in the x402 Hackathon alongside Ethereum Foundation, Coinbase, Polygon, and others, focused on building agents and internet-native payments over one month.

Red Bull Racing digital collectibles reach 4,526,433 claims, onboarding 417,000 new users to crypto. Ethereum highlights the platform in their post, while flash badges for Red Bull Racing, Cambria, and Abu Dhabi go live.

Diamond tier launches next week. ARTMS, a music project with 5M total Spotify streams for Icarus and 13k daily plays, builds on the platform.

BLINKO game launches on the platform, developed by the Bearish team and showcased at the Pudgy Penguins Art Basel event with a referral-based rewards system using honey tokens.

Disney digital collectibles launch on the platform through Cryptoys.

Community reports token price decline from four figures to three figures, while awaiting public launch of Ruyui game for XP farming.

The x402 Hackathon launches with Abstract as a contributor alongside Ethereum Foundation, Coinbase, and Polygon, running December 5, 2025 to January 5, 2026 for building agents and internet-native payments.

Waifusweeper game officially launches this month in collaboration with YGG_Play.

431k wallets collect all 72 items from the "IN THE MOMENT" collection using email-only, gasless onboarding.

Gaming project Cambria launches Season 3 on the platform with an $800k growing prize pool and introduces Ruined Dungeons as a new high-risk extraction zone feature.

Myriad Markets announces $MYR token coming and reports $102.1M monthly trading volume for last month.

Perpetuals trading volume increases on the platform. SpeedTradingEx operates a consumer-friendly perpetuals DEX offering 1000x leverage positions with real-time trading.